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Recom PYT Distribution Company requires a minimum markup of 20% on its medical products to make a profit. PYT typically receives a 25% trade discount

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Recom PYT Distribution Company requires a minimum markup of 20% on its medical products to make a profit. PYT typically receives a 25% trade discount off suggested retail list price on its supplier purchases. If a particular medical product has a suggested hospital (i.e., customer) retail price of $1500, what is the minimum price PYT could charge its medical customers and still make a profit

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